Gautam Bambawale: BRICS and the Future of India-China Friendship
2024 • 14min • Politics • National
Informative
Watch Gautam Bambawale, former Ambassador of India to China, share insights on BRICS, explaining its origins and how it can enhance economic ties between India and China. He points out that despite the ongoing tensions between the two nations, particularly in eastern Ladakh, they continue to collaborate in multilateral forums like BRICS and the SCO, both playing vital roles in global growth. The Ambassador observes that China aims to decouple border issues from broader bilateral relations, fostering a potential warming of ties. However, India has adopted a national security perspective on Chinese foreign direct investments, resulting in reduced investments while maintaining steady trade in goods and services. He also highlights India's close cooperation with Russia, notably in civil nuclear technology, space cooperation, and energy, including the purchase of oil and gas, as well as advancements in other energy sectors.